Osceola Gold Inc (OSCI)

[SharkStocks]

Osceola Gold Enters Funding Agreement for $50 Million



WEIRTON, WV / ACCESSWIRE / February 25, 2022 / Osceola Gold a precious metal mining company that focuses on the development and exploration of gold and other precious metal mining projects has entered a Letter of Intent for funding with Sajeinidus Agromine S.A. on behalf of 40 Brightwater LLC.

The initial funding of $5 million will be distributed within the next 7 - 10 business days. It's anticipated that the balance will be made available within the next 30 additional business days. Sajeinidus Agromine S.A. is currently finalizing all terms with its Banking Institution on the balance. This funding will provide the resources and capabilities to maximize mining operations to enable the achievement of 2022 production goals. The expected mining operational start is the week of April 4th, 2022.

Additionally, management is pleased to announce the finalizing of most details with WST Global, to arrive on site for pre-production early April 2022. WST Global management has indicated that it's an advantageous time to start filming this goldmine series. In the plans for 2+ years, like many other issues, had to emerge from the challenging landscape left by the pandemic.

Shareholders will be updated upon development in the coming weeks.


Yeah, this one is a BIG one folks. Watch closely.

Shark